SPYR INC. Continues Expansion of Its Digital Media Platform
CelebrityHQ.com Added to the Franklin Networks Portfolio
DENVER, CO -- (Marketwired) -- 03/26/15 -- SPYR, INC. (OTCQB: SPYR), a holding company with wholly-owned subsidiaries in the digital publishing and advertising industries, and in the food service industry, today announced the addition of its ninth website, CelebrityHQ.com, to its portfolio of revenue-producing digital media properties, operated by SPYR's wholly-owned subsidiary, Franklin Networks, Inc.
SPYR currently owns and operates eight other monetized websites focused on topics including: food, travel, fitness, nutrition, fashion and parenting. CelebrityHQ.com focuses on one of the hottest segments in digital publishing -- Celebrity, Entertainment & Lifestyles. Developed completely in-house by the Franklin team, CelebrityHQ.com covers popular topics such as celebrity news, celebrity fashion, movies, TV, music and more, with CelebrityHQ.com SPYR is targeting a new demographic, which is expected to increase the overall viewership of its portfolio of websites.
CelebrityHQ.com includes daily content from writers with a wide range of backgrounds and perspectives, who will contribute timely and engaging articles on topics that celebrity enthusiasts and a broad range of readers frequently seek. Covering a wide variety of genres allows CelebrityHQ.com to appeal to viewers of all ages and from all walks of life. CelebrityHQ.com's coverage includes articles about up-and-coming and currently popular celebrities that appeal to a younger demographic, as well as articles about celebrities from years past.
SPYR's CEO and President, James R. Thompson, stated "Our participation in this space, as with every new niche we enter, opens the door to additional opportunities. We are excited about CelebrityHQ.com because we believe that it will enable SPYR to reach a new audience, thereby increasing our presence in the ever-expanding digital marketplace and helping to create a greater awareness of our brands."
About SPYR, INC.
SPYR, INC. is a holding company that through its wholly-owned subsidiary, Franklin Networks, Inc., is engaged in digital publishing and advertising operations and through its other wholly-owned subsidiary, E.A.J.: PHL, Airport Inc., owns and operates an "American Diner" theme restaurant located in the Philadelphia International Airport in Philadelphia, Pennsylvania called "Eat at Joe's®." The Company is currently exploring opportunities for additional acquisitions in these and other verticals, including mobile application and game development, in order to expand its holdings, to drive and increase revenue and to generate profits and build value for shareholders.
Safe Harbor Statement
This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at http://www.sec.gov.
Investor Relations Contact:Marlin MolinaroMarmel Communications, LLC(702) firstname.lastname@example.org
Source: SPYR, INC.